Date: 04 December 2024
Currency | AED or USD |
Minimum Deposit Amount | Personal Account: AED 25,000 or USD 10,000 Commercial Account: AED 1,000,000 or USD 400,000 |
Maximum Deposit Amount |
Personal Account: No Maximum |
Tenor | 6 months, 1 year, 2 years or 3 years' tenor |
Interest Rates | Interest paid at the time of full withdrawal (predefined) |
Early Redemption | Possible, no penalty on full early termination, interest paid on predefined rates |
Fixed Interest Rate | This deposit offers customers a fixed rate of up to 4.25% per annum for the full 3 years |
Overdraft Facility Against Deposit | Available against the deposit under lien |
Validity | For funds “New to Bank” only; rates valid from 4th December 2024 to 31st December 2024 |